Signing of purchase agreement
REI Aar Ltd
The Club Deal in Aarau involves the development of a residential property within walking distance of the train station.
Aarau, Laurenzenvorstadt
The site currently comprises two buildings: a listed heritage villa and a commercial property. The commercial building is to be demolished, and a new residential building will be developed in its place.
The project is currently in the planning phase. The legally binding building permit is expected in Q3/Q4 2026. The property will then be acquired and construction will commence.
Key Facts
>1.4
Expected equity multiple
3-4
Timeline
Years
>15
Expected net IRR
Percent
June
Q3
Development of the construction project
Q1
Building application (no later than nine months after signing the purchase agreement)
Q2
Preparation of implementation project
Q3 - Q4
Obtaining the building permit, clearing conditions and legal validity
Q2
Termination of tenancy, tender and start of construction
Q3
Completion of the construction project Handover of the apartments and buildings